EURJPY resultIt didn't reach our TP, still got some profits though. I knew it was too much to ask for due to the fact that it's new year's eve.
EURJPY trade ideas
EURJPYEUR/JPY is respecting a key support level, demonstrating strong buyer interest at this zone. The pair is currently trading within an ascending channel, characterized by a series of higher highs and higher lows, reflecting a sustained bullish trend. Price action suggests that the pair is maintaining its upward momentum, with the channel's boundaries providing dynamic support and resistance. Traders should watch for potential breakout or reversal signals near the channel edges, as well as any confirmation of continued bullish momentum above resistance levels.
EURJPY ANALYSISAs we know, EURJPY has been on a very strong uptrend. If price breaks the lower TF supply, which I indicated as X on the chart, it's a confirmation buy and we will see more higher prices. If it drops below the trend line demand zone, expect a confirmed downtrend to start. Keep an eye 👁️ on the market because anything can happen.
EURJPY update and buy setupOn our previous analysis we were bearish on EURJPY and we waiting to place sell positions. Price respected our analysis and we were able to place sell positions which are currently running in profit. However, we are currently prepping ourselves to take buy positions to hedge our sell positions. I will keep you updated.
Still looking to short EURJPYI had the same idea last week, but the bullish move continued. My trade therefore did not trigger and I abandoned the idea. Price is now being held below the 200dma. Exercising the same caution due to low liquidity holiday period, I an looking for a short on the following basis:
Risk - 50% of your normal.
Entry - below the low of Fri candle (& below the resistance at 164.50).
Stop - above the recent high.
Target - above the next support at 155.80
If the stop gets hit before I get an entry, I will cancel the order.
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
EURJPY Upcoming sell ZoneWhen i mark up the charts i created a bearish XABCD pattern
its a bearish bat pattern.
Inbetween it's another pattern but now we wait for a sell.
Let the buyers do their thing.
Do what you need for SL & TP but
HAPPY TRADING.
POSSIBLE BUY OPPORTUNITY ON EURJPYPrice showing signs of strong momentum. We look for the pullback to take the trade.
EURJPY SELL PROJECTION EURJPY is just like GBPJPY, so EURJPY is at the highest daily demand zone and I expect price to drop and go short. Price has to break down from the trendline and then retest to the zone Nd go short
Will EUR/JPY Clear the 166 Resistance Zone? EUR/JPY daily chart shows a bullish breakout above a descending trendline, with the price now approaching the key resistance zone at 165.500–166.000.
A successful breakout above this level could push the pair higher, targeting 168.000 or beyond. However, if the resistance holds, a pullback toward the support zone at 161.500–162.000 is likely, offering potential re-entry opportunities.
EURJPY POSSIBLE BUY OPPORTUNITY!Price traded and closed at 164.173 (a high) I anticipate a bullish price action to develop away from the current price. If we’d get any form of discount to the price of 164.173 it’s gonna be a good opportunity to go long. I’d use DCA approach to buy the asset.
EUR-JPY Risky Short! Sell!
Hello,Traders!
EUR-JPY shot up sharply
But then the pair hit a
Horizontal resistance level
Of 165.045 and as we are
Already seeing a local bearish
Pullback we will be expecting
A bearish correction
Sell!
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EURJPY LONG POSITIONGreeting Traders this is my idea on EURJPY and it is Long.
As we can see on the chart the price has started in a ascending channel with a full growth for a potential bullish trend to 166.966 as a main target.
We expect a uprising in the channel after testing the current level which suggests that the price will continue to rise.
Traders if you like this idea give a like,comment i will be glad
And Good Luck on the Markets...
EURJPY Is Rising Due To The Yen Weakness!!Hey Traders, in today's trading session we are monitoring EURJPY for a buying opportunity around 163.700 zone, EURJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 163.700 support and resistance area.
Trade safe, Joe.
EURJPY H4 I Bearish Drop?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 164.90, which is an overlap resistance.
Our take profit will be at 162.56, an overlap support close to the 23.6% Fibo retracement.
The stop loss will be placed at 166.69, which is a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EUR_JPY SHORT FROM RESISTANCE|
✅EUR_JPY will soon retest a key resistance level of 165.073
So I think that the pair will make a pullback
And go down to retest the demand level below at 164.130
SHORT🔥
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EUR/JPY CONTINUES TO BUY?i think the EUR/JPY will continue the with the bullish movement atleast up to the 169.272 level, it retested the uptrend(1) and it seems like its breaking instead of retesting uptrend (2) if it closes with a good bullish candlestick i will consider buying.
Pending order short EURJPYThis is the holiday period with low liquidity, so more caution is essential. I am also being more cautious with an entry, here is what I propose:
Risk - 50% of your normal.
Entry - below the low of Fri candle (& below the resistance at 163.00).
Stop - above the recent high.
Target - above the next support at 155.80
If the stop gets hit before I get an entry, I will cancel the order.
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
EURJPY BUY | Potential Upsides | LONGEURJPY is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
DeGRAM | EURJPY breakout of the trend lineEURJPY is in an ascending channel above the trend line.
The chart broke the descending structure, consolidated above the trend line and approached the resistance level.
We expect the price growth to continue in case of successful consolidation above the resistance.
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Share your opinion in the comments, and support the idea with a like. Thanks for your support!
EURJPY H1 | Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 163.38, which is a pullback resistance.
Our take profit will be at 162.93, an overlap support close to the 23.6% Fibo retracement.
The stop loss will be placed at 163.79, which is a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EUR-JPY Potential Long! Buy!
Hello,Traders!
EUR-JPY is already making
A bullish rebound from the
Horizontal demand level
Of 162.230 so as the pair
Is trading in an uptrend
We are locally bullish
Biased and thus a
Further move up
Is to be expected
Buy!
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